Real Estate Forums

San Diego Real Estate · 04-30-2008, 07:03 PM

Top 7 Characteristics of First Time Home Buyers - Survey According to Latest 2007 NAR Survey

Purchase almost 40 percent of all residential real estate.
They have been the leading edge of home sales since 1995.
51% married; 25% are single females; 11% are unmarried couples.
Over 50 percent are between ages 25-34.
Household Income - 38% make between $45,000 - $75,000.
Race: 76% White/Caucasian - 10% African-American - 8% Hispanic - 6% Asian.
75% first time homebuyers lived in an apartment prior to buying 1st home.

Hmmm the apartment market is looking better and better!!!

BrandonMattingly · 05-13-2008, 06:23 AM

Thank you for the info!

TimuM · 05-13-2008, 09:12 AM

51% married; 25% are single females; 11% are unmarried couples.

Single females bough more than single males ? 51+25+11 = 87% 100%-87% = 13% Males ?

Thanks for the info ./..

jay.robinson15 · 05-15-2008, 09:26 AM

Interesting stats, especially the household incomes, which I thought might be a little but higher. Thanks for the information.